Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China (FOB) - 2023
  2. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China
  4. Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China (FOB) - 2023

The average export price for fish fillets; frozen, coalfish (pollachius virens)s stood at $7,721 per ton in December 2023, shrinking by -27.4% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 37% against the previous month. As a result, the export price attained the peak level of $11,394 per ton. From March 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($12,965 per ton), while the average price for exports to Spain ($3,264 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $3,080 per ton, dropping by -23% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 96% against the previous year. The import price peaked at $4,001 per ton in 2021, and then fell notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2014 to 2022, the rate of growth in terms of prices for Iceland amounted to +4.2% per year.

Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China

In 2022, overseas shipments of fish fillets; frozen, coalfish (pollachius virens)s were finally on the rise to reach 6.7K tons after two years of decline. Over the period under review, exports, however, showed a abrupt shrinkage.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s rose remarkably to $52M in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden22.126.525.127.47.4%
France6.710.57.910.516.2%
Japan6.15.67.64.7-8.3%
Spain2.51.21.23.28.6%
Brazil2.10.30.71.5-10.6%
Germany5.23.91.01.1-40.4%
ItalyN/AN/A0.10.9800.0%
Netherlands1.31.00.90.4-32.5%
Others2.11.10.82.0-1.6%
Total48.250.045.351.72.4%

Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from China in 2022:

  1. Sweden (2304.4 tons)
  2. France (1489.2 tons)
  3. Japan (837.4 tons)
  4. Spain (836.4 tons)
  5. Brazil (336.0 tons)
  6. Germany (224.5 tons)
  7. Italy (223.2 tons)
  8. Netherlands (80.8 tons)

Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China

In 2022, the amount of fish fillets; frozen, coalfish (pollachius virens)s imported into China soared to 85 tons, rising by 642% on 2021. Overall, imports, however, recorded a deep contraction.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s surged to $262K in 2022. In general, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway26.4N/AN/A262114.9%
Denmark68.3N/AN/AN/A0%
Iceland10614.345.9N/A-34.2%
OthersN/AN/AN/AN/A0%
Total20014.345.92629.4%

Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to China in 2022:

  1. Norway (85.2 tons)

Source: IndexBox Market Intelligence Platform

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